Folks With Chinese Dry Wall Issues Now Uninsurable
The Wall Street Journal reports that at least two home insurers in sunny Florida are dropping policy holders who have filed insurance claims linked to bad drywall imported from China. (The Chinese drywall is under investigation for emitting sulfide fumes which could cause corrosion of electrical wires and plumbing — lovely way to make your house disintegrate.) All of which could set off another huge round of disputes with homeowners and insurance companies, kind of like that four-letter word in the industry, M-O-L-D. I have not heard of any Chinese drywall used in the Dallas/Fort Worth area, but I have heard of some in Houston during the post-Rita rebuilding period. If you have had any experience with Chinese drywall in Dallas, please let us know at DallasDirt.
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I think I ate some Chinese drywall at Mei Mei buffet…